How Long Should You Keep Your Home On The Market

Many a home seller has been there-the house has been on the market for months and there is no sign of a sale. At what point should you pull the house off of the market, assuming it is even an option for you? When you start to feel like you are getting nowhere, it’s important to step back and consider the facts of the situation before you make any decisions.

Is The Season A Factor?

If your house has been on the market through the summer and well into fall, and the holiday season is approaching, you may feel there is no point in keeping it listed through the winter. You may be right. The holiday season is a notoriously difficult time to sell, and you yourself may want to just take a break and enjoy your holidays without interruptions from agents and potential buyers. If you can take a step back and resume your efforts to sell in the late winter or early spring, doing so is usually a wise choice.

Are You Asking Too Much?

Before you consider pulling the house off the market, take an honest look at your asking price. If it is unrealistic and you have been holding off from dropping it, going to a lower asking price before you give up on selling altogether might be the wiser course of action. Giving up on what you feel your house is worth is difficult, but if selling is an urgent need you are going to have to do what is necessary.

The Market Is Just Slow

Economic factors have slowed the sale of homes all across the country. If the market is particularly slow where you live, you might want to consider taking the house off of the market for a while and waiting it out to get a better price later. If you have already moved out, consider renting the house for a while until the market looks up. Making the decision to pull your home off the market is difficult, and you should never do it without looking at all the details and discussing it with your real estate agent. In some cases, however, it will be the wisest course of action and result in a sale for more money down the line.

Thank you for reading our blog on The Boston MLS, to enjoy more content regarding our home selling tipsClick Here! Or in the upper left hand corner of our page is our custom search box which will give you access to the most current information on active listing inventory, open houses, distressed and bank owned listings.

Get Social

About Us

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2018-11-19T16:48:11.64.